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The Gaisano family’s Metro Retail Stores Group Inc. (MRSGI) is pouring in P10 billion to double the size of its network in the next five years. The plan is to increase the network to 800,000 square meters in terms of gross floor area. So far, the company has…
Philippine supermarket and department store chain Metro Retail Stores Group Inc said its initial public offering (IPO) was priced at a steep discount of 35 percent due to market volatility, cutting the expected proceeds from its listing to $86 million. The…
The Securities and Exchange Commission (SEC) on Friday approved two initial public offering (IPO) plans worth a combined P10.82 billion. In a special meeting, the corporate regulator greenlighted construction firm Datem, Inc. and Gaisano’s Metro Retail Stores…
